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cbs 5 forecast. >> thank you. >>> dna technology that can catch metal thieves. how it works and why it's not being used in the bay area. >> the jersey shore in ruins from sandy. a look at the catastrophe, the clean-up and why storm victims are turning on each other. ,, ,, ,,,,,,,, owner in san francisco. some und bronze >>> thomas the hippopotamus is in pieces but finally back with its owner in san francisco. somebody stole the statue in sutro heights four years ago. today police returned it to the rightful owner. >> i knew he would come back. i just knew it. i just felt that, first of all, nobody would say that it's scrap metal. >> now, if the thief had sold the statue to metal recyclers, that person could probably get a few hundred dollars for it. police found the hippo during a drug bust friday, made an arrest. the owner plans to weld thomas back together. >>> for years now we have told you about the rash of metal thefts just like that one and how much it ends up costing bay area cities utilities people. but there is dna-like technology that can catch a metal thief redhanded. cbs 5
governor romney. liz: i'm sitting there looking at one of your picks you like, it's technology. i'm thinking technology doesn't work when you have no electricity. we need to also look more broadly than just the storm. this is affecting the northeast. there's the midwest. there's california. there's texas. they have lots of energy. why do you like technology right now? >> not just in the consumer, not in the mobile phones, but technology is one of those trends that affects every industry. it affects healthcare. it affects energy. energy we saw the new natural gas fracking that's bringing enormous supplies to the market. we could be energy independent because of the technology applied to energy. liz: yet you don't like energy, you say avoid energy. >> who is the biggest beneficiary of this new supply is really the consumers, and the businesses have low cost gas, natural gas has plummeted in price, so that actually hurts in an ironic way the producers of energy, benefits the consumers of energy. liz: that's why we have doug here to kind of help our brains go through the scenario of w
's face it, the middle class was getting hammered, long before the financial crisis hit. technology made us more productive but also made a lot of good jobs obsolete. global trade brought us cheaper products, but it also allowed companies to hire in low-wage countries. american workers saw their paychecks squeezed, even as corporate profits rose and ceos' salaries exploded and pensions and health care slowly started disappearing. and these fundamental changes in the economy, the rise of technology and global competition, they're real. we can't wish these and global competition wlsh here's what i know, wisconsin, we can meet that because we're americans, and we have the world's best workers and the world's best aupt paren irs. we have the best scientists and the best researchers, the best colleges and ooufrtsz, and we've got the most innovative spirit. we have everything we need to thrive in this new economy. in this new century and there's not a country in the earth that wouldn't change places with the united states of america. but we have a choice to make. in five days we will choose ou
hammered long before the financial crisis hit. technology made us more productive, but it also made a lot of good jobs obsolete. global trade brought us cheaper products, but it also allowed companies to hire in low-wage countries. american workers saw their paychecks squeezed, even as corporate profits rose and ceo salaries exploded. and the guaranteed security of pensions and health care slowly started disappearing. in these fundamental changes in the economy, the rise of technology and global competition, they're real. can' away. but here's what i know, wisconsin. we can meet them. because we're americans. we've got the world's best workers and the best entrepreneurs. we've got the best scientists and the best researchers. the best colleges and universities, and we've got the most innovative spirit. we have everything we need to thrive in this new economy in this new century, and there's not a country on earth that wouldn't trade places with the united states of america. but we have a choice to make. in five days we will choose our next president. and it's more than just a choice betwe
that technology was invented by somebody and it was invented by scientists that put together an idea and figured out how to make it work. >> that's true. we see innovation as the practical expression of imagination where you turn ideas into reality. and we're all about that here at the tech museum of innovation. >> what are some of the other exhibits? >> well, if you come to the tech museum you may want to get tickets to "mythbusters" an amazing exhibit. you can see the blueprints and if you get more wet whether you walk on run through the rain. you can play with react table where you move blocks around to may musical compositions and come down to our hands on on science workshop and build your own plane. >> that's one of the really neat things down here is not just sitting here in a class and learning about science but you get to do some real hands on stuff so you can understand how things work. >> it's true. you know, bay area science festival is all about unleashing your inyour scientists and tech museum. we want to help unleash your inner science. >> reporter: totally for geeks like me but i
, the overweight banks energy real estate as well as information technology, they're pounding the tables here, but the question is, do better economic numbers mean that investors can go in and invest? >> i think that the classic ones, joy global, i think does make sense, i like the upgrade this morning. the caterpillar deeply inclined. china not coming back, maybe they're so concerned about caterpillar that they're saying it's not coming back that fast. >> we got adp stateside, jim, as well as the estimate. a big revision, they change d d. >> i thought the paychecks were two that really looked like numbers. and so i'm willing to say that this -- it makes so much more sense, but i keep trying to say what industry is doing the hiring in terms of construction. bigger size, small business, but construction yes, balanced against what i regard seeing is uncertainty in the banking industry, where they lay off, government sees more- >> we have ceos sit over here, what you're going to do with the money, or how many people you're going to hire, it's not tens of thousands, but it's something. and they'r
systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. ♪ [ male announcer ] introducing the all-new completely re-imagined 2013 chevrolet malibu. sleek new styling... sophisticated dual cockpit design, and sport sculpted seats. available chevrolet mylink infotainment system. the all-new 2013 chevrolet malibu. ♪ refined comfort to get you in a malibu state of mind no matter what state you live in. ♪ >>> we're awaiting president obama in a swing state of ohio. meantime, in another swing state, that of virginia, bill clinton campaigning on behalf of the president. let's listen in at chesapeake, virginia, at indiana river high school. [ applause ] >> i don't know about you, but i'd rather you save the gasoline and export the oil if that's what we need to do. and that's why governor romney is having such a hard time breaking through in ohio. so what did he do? he ran -- he put -- he put a bogus ad on saying that for president had allowed j
drove the market today. stocks pushing higher to date with all industries rally. materials, technology and industrials for two days top performers. utilities did leg a little bit. the prior week's figure was revised higher by 3,372,000. u.s. construction spending rose to its highest level in almost three years in september. spending rose 0.6%. liz: we have tim mulholland at the cme and brian of wells fargo financials. plus, robert gray ready to break in with earnings. first, let's start with tim. not bad at all. you have to admit it looked pretty healthy and good, especially after october. do you think that this november rally has legs? q it has been a good day following that tax related mutual fund selling that ended yesterday. we got into a good start. china coming of better. adp gains. lower jobless claims. optimism for tomorrow's employment report. it may turn into a rally in november. most importantly, we have the election coming up next week. david: him, stay where you are. we want to bring in brian. it was a surprising three digit gain on the dow and s&p. were you surprised and,
images. >> you know, this is modern technology meets mother nature. we have people capturing this, we just got a message, hoping that everybody is safe, sound, a lot of people are still suffering. our reporters went out through stricken areas, documenting who life is like. >> this is a line for gas, and it started way, way back there. this is absurd, oh, my god, i'm not getting gas, there is no way i'm getting gas. >> we are walking the 59th bridge in new york city back from work. we have had about a three mile walk both ways. but it is just what new yorkers do. we're coming from queens, going back to our home in long island. we're not the only ones, every which way you look, everybody is doing their own thing. >> there is no traffic cops, not good, not good. >> this is what is in front of our building, that is my building in the back. this went all the way through the building. there is no fences left. >> i'm a train operator, i'm supposed to report here. and it is a ghost town. this is cone island station. normally it is hustle, bustle here, nothing but muck on the street level. >>
and microsoft that used that technology. this technology helps ensure things like mobile phone antennas all work together. >>> the price tag for keeping the plant shut down climbed to $317 million. they spent $96 million on repairs and inspection and $221 to purchase replacement power. . >>> there is a hot line for residents of treasure island to call in response to concerns about a toxic clean up project. they set up the hot line after hearing complaints about uncovered work trucks driven on to the liland and there -- to the island. >>> for the second time in two days we are hearing from a shark attack survivor who says they were able to punch the shark away. he came face to face with a tiger shark last week. she says she made used of her tae kwon do and punched the shark twice. >> heard kind of like noise. people yelling, like hollywood, you know, you see the big jaws come at you. >> she needed 60-70 stitches for scratches. on tuesday a surfer survived a shark attack. >>> two tax measures that would benefit schools, prop 30 and 38. the governor says voters are facing a choice. approve the tax
be scanned optically. the state of virginia also use that technology. in pennsylvania, "the wall street journal" reporting that officials say counties should have enough paper ballots for 20% to 25% of expected voters because touch screen voting machines may be expected to run on battery power if they have to. it's a mixed bag. all the states have to reach out and find out what their needs are, carol. >> the most impacted states, of course, new jersey and new york are pretty much blue states. what if this happened in ohio? >> yeah, i know. but, you know and i know, carol, we both come from ohio. and we also know that people there are pretty hardy and the weather has to get pretty darp bad before people say they've got a real problem. big picture, though. it's pretty clear that the state has emergency rules that govern natural disasters, the state needs to follow its own rule. new york has a rule that might be construed to say if you have an emergency affecting a threshold portion of the voting population in a particular area, you can extend the election one day at a time for up to 20 da
together has never worked so well. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> want to take you to the city of hoboken, new jersey, right now. this tightly packed hamlet of 50,000 people is an exception to the falling floodwaters because at last report there were thousands of people still trapped. this is wednesday. still trapped or stranded amid the floodwater that is are contaminated with sewage and gasoline and who knows what else? last night after pleading of hoboken's mayor, here's the national guard. they finally arrived to help carry out the rescues so badly needed in hoboken. so you can see the pain and trus frags in the mayor voice, she was sh
phase is going to be in oil, because they're going to apply the same technologies to natural gas. it's a win-win for everybody- > > give me a fracking break. the bottom line is- > > they didn't want to invest the time and the money, but they got the tax credits, so they said, "okay, let's keep doing it." > > round 3: what is the new normal for unemployment? will the rate ever drop below 6% again? > > i did a little research on ageism, because i wanted to talk to you, and what we're seeing is that the rates right now of participation have declined from 68 million down to 64 million in the last decade or so, mainly because people are retiring and leaving the workforce. so that is going to help out the unemployment numbers. but i know people are concerned, and right now we have seen 30 straight months of private-sector employment growth. > > i agree with alan but for a totally different reason. the bottom line is, when you get into a situation where unemployment is high- and people used to tell us in the '70s that 10% was the norm, that we'd never get- > > don't go there. now you're goi
are not ready for that, worried about the stability of the market, the technology, giving too much power to computers and so on. it raises questions about the preparedness for disasters for the industry. what are your thoughts? >> talking to somebody doing it too long and i am too old but having said that, when there were no computers it worked pretty good. without too many failures. now over the last ten years we have more into the computer age where there is more computer trading and physical trading and we all know about the computer trading but the fact is markets should be open and they are ready to the open. it is more reassuring for everybody, this is the modus operandi. we will figure out a way to get there. i live in manhattan, we have people who work in sea port in the suburbs. they will beat their ended is business as usual. melissa: they didn't open the past two days. does that tell us something new? >> i don't know what the thought process was but wall street is in stanford, wall street is in jersey city and it is a matter of the safety of people and you don't want to defy t
to identify and locate a gunshot through sensors triggered by is on the. east palo alto has had technology since 2009. the improved technology will be used to help the police depend's investigation and crime prevention efforts. >>> next, our coverage of the giants' parade continues. >> here's a live look outside now at howard and stewart where -- near where the parade route begins live team coverage of the route, finish, start, all you want to know, coming up. >>> later, we continue our coverage of superstorm sandy, the overnight fire on the jersey shore. look at this and the storm damage preventing firefighters from responding to it. >> this fire started two days ago, was out and
brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. >>> all right, listen, this concerns the top of our show. and we have told you about the issues that are going to go along with voting in affected areas. this is breaking news, coming out of new jersey, governor chris christie, the department of state is directing the county election officials to permit the registered new jersey votevoter listen to this, the displaced voters, which can vote either by e-mail or fax, already in place for the overseas military voters. they will open this for the people in new jersey, displaced. again, this came from the director of county officials, the registered voters displaced to vote electronically. it goes on to talk about why they're allowing people to do this, not only the people displaced, but the workers coming there to help those displaced. to vote as well. electronic voters, once this is up, the displaced voters can submit a mail-in ballot application either by e-mail or fax to the county clerk.
't have the technology, it is their fault. they are telling me a slightly different version, actually 180 from that. they point out they thought there was a lot of confusion about the decision to close. they said all of a sudden on a monday we get this thing, we are open. closing the 4 but definitely open. a very clearly communicated message and it sent the street into a panic mode because they really had concerns not necessarily about sending their people which they did but we also point out these firms have remote locations. they were worried about the technology, whether it could handle the volume. they were concerned about a facebook situation. that is what prompted them to say don't do this. they were worried about the storm although the storm hit later monday night after the markets closed but archipelago and whether archipelago really was ready to handle what went down. we should also point out that they basically said the confusion extended even after the decision to close. apparently even after the nyse made the decision to close, after explicitly stating it was opened there were
for all we know. we're standing by for information on that, apple shares continuing to fall. technology as we think about it, step back and say the market peaks after qe3 is announced. leading the profits disappointments and earnings cycle that we're focusing on closely here and the nasdaq has been down five of six weeks and we're keeping an eye on the big jumps. back to you. neil: thank you, robert gray. again, that could explaining the downdraft, apple is a dominant player and when that stock tanks, no surprise that the nasdaq would be underwater. 30 minutes into the trading day and the dow and s&p and to the upside. sandra smith at the cme, sandra? >> hey, neil, i'm actually in the s&p 500 futures pit. the largest by size on the trading floor and this has been closed for physical pit trading, the past two trading sessions and we just opened here at the same time as the new york stock exchange market in chicago and we had an 8:30 central time, 9:30 a.m. eastern time open, been open about seven minutes and really conflicting news that i'm getting from traders on the open here. right on
electronically, but you need people to operate that technology, and you need customers to provide content to the marketplace. what you would have had with simply an electronic version of price discovery is something i think a lot of people would have been very disappointed in. i think it basically would have lent itself to greater market volatility, price dislocation, and no one would have been happy. i think while the markets were ready to go, the customers weren't ready, and the markets reflected that by keeping everything closed. >> so, dick, tell us what we might expect tomorrow. you've been in this position before, to have to check trading, check that you were to ensure you would have an orderly day of trading. what do you think is going on right now at the new york stock exchange? what are they, you know, dotting the is and crossing the ts to ensure that things open without a hitch tomorrow? >> well, the most important thing that we heard from duncan in his interview a bit ago is that he's concerned about customer connectivity to the exchange. i think the exchange unto itself has te
is up against on "cbs this morning." [ female announcer ] the next generation of investing technology is now within your grasp with the e-trade 360 investing dashboard. e-trade 360 is the world's first investing homepage that shows you where all your investments are and what they're doing with free streaming quotes, news, analysis and even your trade ticket. everything exactly the way you want it, all on one page. transform your investing with the e-trade 360 investing dashboard. when it comes to getting my family to eat breakfast i need all the help i can get. that's why i like nutella. mom, what's the capital of west virginia? charleston. nutella is a delicious hazelnut spread my whole family loves. mom, have you seen my -- backpack? nutella goes great on whole-wheat toast or whole-grain waffles. and its great taste comes from a unique combination of simple ingredients like hazelnuts, skim milk and a hint of cocoa. yeah, bye. have you seen my -- yes. and...thank you. [ male announcer ] nutella. breakfast never tasted this good. nature knows all about baking. just mix
think what saved more lives was the technological advancements. you know, you have your smartphone on you and they tell you every second what's going to happen, please evacuate. but in those countries, people are still starting to use technology like smartphones. and we don't have the tsunami warning systems. that's why we lost so many lives. and technology saved us. but on the contrary, we have such big -- such good technology in new york city, but they took so long to respond. if i'm right, today's the day all the government agencies, red cross, fema is getting there. it's been three days. so i don't know why it took so long. >> well, let's hope they get the job done. thanks for sharing your pictures, your video, your own personal experience. and it's good to keep it in perspective, the tsunami in sri lanka and what's happened on staten island over the past few days. i know you're a student at columbia university. good luck with your education. >> thank you very much. >>> sandy is barely history. but now there are signs another major northeast storm could also be on the way. chad
is it to drain sea water from 20 miles of subway tunnels? put some sham wows down there. we have the technology. put some sham wows down there. we have the technology. please! captioning funded by cbs >>> welcome to "cbs this morning." i'm charlie rose in new york. norah o'donnell is in washington. you can see how hurricane sandy has destroyed property and lives. now being blamed for 92 deaths in the united states. >> some 3.8 million utility customers in 13 states are still without electricity. most of them in new york and new jersey. new estimate says sandy will cause $50 billion in damage to the economy. that makes it the second most expensive storm in u.s. history, after hurricane katrina. >> nearly half of new york city's death from superstorm sandy happened on staten island. homeland secretary janet napolitano is going there today, where people say they're suffering and not getting enough help. anna werner, good morning. >> reporter: good morning. as you stand on this street in staten island you can clearly see the path of destruction wrought by hurricane sandy. cars picked up and tossed
to regions. and let's get going. together. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. but what about your wrinkles? neutrogena® rapid wrinkle repair visibly reduces fine lines and wrinkles in just one week. why wait if you don't have to. neutrogena®. >>> welcome back, everyone. just about 9:00 a.m. here on the east coast. i'm randi kaye. >> and i'm victor blackwell. >> that makes it 6:00 a.m. out west. good to have you starting the day with us. >> showing you now some pictures from portsmouth, new hampshire. can you see ann romney there as she usually does getting ready in introducing her husband mitt romney. he is making his trek to many of the swin
of educational tool that you put in that? >> they if they have great teaches. >> new technology helps us in harlem or whether it helps us in hilton head, south carolina. this presidential race has been devoid of big ideas on education. on both sides. >> the one thing i would say, i do think we can have a technological revolution on teaching. it isn't actually the case there hasn't been any discussing about teaching. there hasn't been enough. the facts are that mitt romney does have an education proposal. it is a very radical educational proposal. he proposes title one into a voucher program. that would dramatically undermine most have o our pib lick schools. he did that in the primary or towards the end of the primary. the president tried to make it more of an issue in the debates. it is one where when you are talking about what we need to do to compete over the 21st century, education is the area. we are in a global competition for having a high school workforce and not taking those resources out of the high school isn't the right thing. >> there was this point in the middle of the fore
children are getting a good education. when we have new technology, and we believe america is stronger when everybody can count on affordable health insurance and medicare and social security. when our kids are protected from toxic dump and pollution, when our consumers aren't being taken advantage of by credit card companies or mortgage lenders. we believe in a democracy where everybody's voice is heard, where you just can't buy an election. >> and we believe in politicians who understand that there are some things that the american people can do better for themselves. for example, that politicians in washington, mostly men, shouldn't be controlling health care choices that women can make perfectly well for themselves. >> for eight years we had a president who shared these beliefs, a guy named bill clinton. >> president obama out of springfield, ohio, making a closing case, closing argument, in the next four days before the election trying to convince voters that he deserves a second term. just a reminder, our cnn reporters are across the country covering these battleground states. they ar
deployed the drone technology used by the united states to strike targets in foreign countries for an attack inside the united states. he was caught with the help of undercover agents posing as al qaeda operatives who gave him the money to buy the drones. the tactic that is led to allegations of entrapment. a new video has been released from syria showing arm troubles executing a grpp ogovernmentnt soldiers. on the tape, 10 prisoners were forced to lie on top of one another at an overrun military checkpoints. anti-government fighters are seen kicking and taunting the captured soldiers before opening fire. amnesty international has condemned the footage saying its picks "utter disregard for international humanitarian l new reports warning global inequality has reached a 20-year high. according to the group save the children, poverty that havee previously been concentrated in the world's lowest income countries is now on the rise in middle income countries, which account for 70% of the world's poor. those are some of the headlines. welcome to "democracy now!," democracynow.org, t
water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices hp ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going onow -- but hurry, the offer ends soon. dagen: we have a triple digit rally on our hands. we are getting to that time every hour because every 15 minutes it is stocks now. we are close enough, nicole petallides. nicole: i ain't going, no, no. you have ford down 1.5%. we have gotten a lot of news on ford, as well. they did name the chief operating officer. they said it is too early to predict the impact of sandy on the november u.s. auto sales. we do not want to speculate too much on that. we continue to have all of arrows across the board. the majority of the dow jones industrials seem to be doing good. microsoft, caterpillar, disney, jpmorgan, all doing well. apple and facebook coming back after selling off yesterday.
-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. see life in the best light. [music] transitions® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. experience life well lit, ask for transitions adaptive lenses. with two times the points on dining in restaurants,? you may find yourself asking why not, a lot. chase sapphire preferred. there's more to enjoy. >>> new york city, mayor, michael bloomberg is calling it once in a long time storm. thousands remain without power as floodwaters continue to pour into lower manhattan. that's where we also find chris welsh. last we spoke you were at east houston and avenue d. is that about the area where you are right now? >> reporter: yeah, you got it, fred, i'm still where i was last time. actually, if anything, i've moved a little closer toward the east river, which is directly behind me. i think the last time we spoke last hour, you didn't really see a whole lot of water by my fee
to be on changeover technology. you want to be up fully when you start trading. >> obviously new york prides itself on being the center of the world. that can cut both ways. is it right in your view when there's a storm that hits one city that nobody can trade stocks for a couple of days? >> well, you know, unfortunately still, you know, a lot of the banks, a lot of the biggest dealers are still located here. they play a big role in bringing liquidity. their people provide liquidity in the markets. again, yes, the exchanges are located here. new york is an important place for the trading community. >> what about diversification or changes that we may see to these models going forward? any lessons learned or differences that you would expect in the coming year as a result of this shutdown? >> yeah, i do. the exchanges, both nasdaq and nyse, have duplicate data centers. the nyse, i think, is running on a different power generation. so i think the -- people will, just as they learned, the worst can happen. they're going to double check these systems. probably the second thing is that the dealers as we
continuing to innovate. there are lots of companies in the technology space that show innovation. apple is one of those companies. the question is whether this is an entry point. it has a lot to do with how much you earn. the pullback has been opportunities for investors looking to get in. it might be the right time to invest. but you have to be concerned about the earnings growth going forward. >> bob, i noticed the sectors and how they've performed this week. it really has the feel of a sandy effect. utilities and consumer staples have been the weakest perform thers week. terms have done better. the anticipation of rebuilding and the hit that the utilities have taken right now still feels like it's the aftermath of the storm here. >> we're in a slightly different -- the cause of qe-3, it has created some whacky distortions in the market. it's again affecting the market today. when we got a better than expected payroll report, which i think is certainly good news, the dollar rallied because there's less likelihood of qe-3. that would be dollar positive. well, you know, that might be go
, technology, materials. the s&p 500 down 13.3 points. that was the leadership group. the market ending a shortened week. let's bring in our guests for their take on what went on. with us now, chip dixon, jeff cox, and rick santelli. nice to have you on the program. thanks for joining us. chip, let me begin with you. haven't see you in a little bit. we used to talk long ago when you were at a different firm. welcome back to cnbc. >> thank you. >> you are the director of research discern. what is your research telling you here about where we are in this market and in this cycle for the economy? >> well, it tell us that the housing sector is improving and the residential side. commercial permit activity, which we see, has gone up, it's kind of plateauing. it tells us we're dealing with a lot of uncertainty out there. there's a tremendous amount of pent-up capacity in corporate america if we can just get the right fiscal policies in place. this economy could do well. >> do you think things loosen up after the election when we know who the president will be? >> i think it depends. then we'r
breakthroughs or new technology. we think america's stronger when we can count on affordable health care and medicare and social security. when there are rules to protect our kids from toxic dumping and mercury pollution. we think the market works better when consumers are protected from unscrupulous prices in the credit card industry or from mortgage lenders and we believe that no politician in washington should control health care choices that women can make for themselves. these are the things we believe. now, eight years ago, we had a president who shares our beliefs and his name was bill clinton. his economic plan asked the wealthiest americans to pay a little more so we could invest in ideas and our future. and at the time, a republican congress and a senator by the name of mitt romney said bill clinton's plan would hurt the economy and kill jobs. it turns out the governor's math was just as bad back then as it was today. because by the end of president clinton's second term, america created 23 million new jobs. and incomes were up and poverty was down and we had the biggest surplu
. the potential of td ameritrade unlocked. nyse euronext. unlocking the world's potential. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> another ireport -- actually, we're going to start with this story. the can't of a submerged ship still missing. . .ms bounty was trying to plea sandy when it began taking on water off the coast of north carolina. the crew abandoned ship and the coast guard was called in to save the crew. >> were you nervous going in there? >> i was. i hadn't seen anything like this before. this was the first case that i had been into a hurricane. >> the waves were just sort of tossing it this way and that way. 50 knot winds. visibility was sti
learning, of course, how dependent we are on technology. you know, there are many folks who are without power in new york city, and they're looking for a place to charge their cell phones, to try to communicate with people. you know, it really is -- it's very frustrating when you can't get ahold of people to find out what's going on. well, even our satellite trucks, like ours, are being used by some as charging stations now. people, they try to recharge their phone batteries, but even if you try to recharge them, using them is another matter altogether. the cell towers are now not even working, making it difficult to even place a call or now to use the internet. >>> president obama is expected to arrive in new jersey. that's this hour. get an up close look at the damage from super storm sandy. he will be touring the devastated areas of the jersey shore, of course, with new jersey governor chris christie. although he is a campaign surrogate for mitt romney, big-time supporter of mitt romney, cris christie gives president obama high marks for his response to the storm. >>> we want to brin
comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. high up in the atlas mountains of morocco. have you seen this road we're going down? ♪ there is no relief for the brakes. we'll put them to the test today. all right, let's move out! [ ross ] we're pushing the ats brakes to the limit. going as fast as we can down the hill. we are making these sharp turns, slamming on the brembo brakes. [ derek ] it's like instant response, incredibly consistent. this is the challenge, machine vs. mountain. [ male announcer ] the all-new cadillac ats. so i brought it to mike at meineke. we gave her car a free road handling check. i like free. free is go
of a technological whack-a-mole here, because we realized after katrina, and even after the blackout of 2003, we had to do something about backup generators in hospital. and so we moved the generators upstairs, but left the fuel pumps down in the basement. so we fixed the initial problem and have a secondary that no one seems to have thought about. >> okay, is that just complete stupidity, or is that, listen, it's financially expensive and people make the gamble, we're not going to invest the money and hope for the best. >> i think in this case, it was not paying attention to all of the details. i think people were well meaning. i don't think there was any sort of gross negligence here, except that somebody forgot an essential detail, in a situation that requires extraordinarily excruciating attention to every detail. it seems to me somebody along the lines should have thought about those fuel pumps, because they have to work also and be resilient to flooding, those hospitals that are right on the river. >> let me ask sanjay a question, because he's still with us. i'm going to assume that transfer o
was hit. technology made us more productive but it also made a lot of good jobs obsolete. global trade brought us cheaper products but also allowed companies to hire in low-wage countries. american workers saw their paychecks squeezed, even as corporate profits rose and ceo salaries exploded. and the guaranteed security of pensions and health care slowly started to disappear. these fundamental changes in the economy, the rise of technology and global competition. they're real. we can't wish these challenges away. here is what i know, wisconsin, we can meet them. because, we're americans. we've got the world's best workers and the world's best entrepreneurs. we've got the best scientists and the best researchers. the best colleges and universities and we've got the most innovative spirit. we have everything we need to thrive in this new economy, in this new century and there's not a country on earth that wouldn't trade places with the united states of america. but we have a choice to make. in five days we will choose our next president. [cheers] and, it's more than just a choice between
designers and engineers, those tend to be very god jobs. growth there. different kinds of technology, information technology. and also retail trade and leisure and hospitality. those are lower-paying jobs. those tend not to be jobs that you can send a kid to college on. often they tend to be part-time jobs as well. so, manufacturing and ali is right, especially in those swing states. health care jobs that have been growing, it's these knowledge jobs that have been growing, there's good demand for. we talk about these numbers, too. when you talk to ceos, soledad, the thing they say is we can't find workers with the right skills for our jobs. politically, we're talking about we need more jobs. but ceos say we don't have the right workers. we have the jobs, not the right workers. that become an education story. >> the numbers we've been talking about, most politically charged numbers here, labor force participation rate that rose 578,000 in october and the labor force participation rate edged up to 63.8%. so there is movement in that number that you were talking about before. how much i
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